Why Is the Crypto Market Down Today, On Nov 3?

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November 3, 2025 · 5:57 AM

Why Is the Crypto Market Down Today, On Nov 3?

On November 3, 2025, the cryptocurrency market saw a decline of nearly 3% in total market capitalization, with Bitcoin, Ethereum, and major altcoins dropping over 10%. This downturn led to over $400 million in liquidations within 24 hours. The article suggests that comments from a Federal Reserve official hinting at no immediate interest rate cuts may be a contributing factor to the market's decline.

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Why Is the Crypto Market Down Today, On Nov 3? | cryptobinto